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05 February 2020 • By Lachlan Maddock • 1 min read

Hunt for retirement income ‘most desperate’ in 30 years

Australia’s retirees are being hit the hardest by the RBA’s successive rate cuts, according to Plato Investment Management. Historically low ...

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Court orders wind-up of Brisbane fund manager

The Federal Court in Melbourne has ordered Brisbane-based Global Merces Funds Management be wound up, having appointed liquidators from McGrathNicol

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RBA decision announced - Feb 2020

The RBA has announced its decision on interest rates at its first meeting of 2020 as the bushfire emergency and coronavirus outbreak weigh heavily on ...

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Westpac woes far from over

It’s lawyers at 20 paces as the bank faces down three regulators and two class action lawsuits, with the threat of even more litigation coming down ...

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The banks haven’t learned their lesson

On the one-year anniversary of the release of the royal commission final report, it seems that little has changed.  In 2017, Australian Banking ...

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RBA expected to hold in February: Finder

Positive employment data will stall the RBA’s race to the bottom, but the twin shocks of the bushfires and coronavirus mean the bank will be forced to ...

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APRA vows greater scrutiny of bank culture

APRA will strengthen and expand its Banking Executive Accountability Regime (BEAR) across the financial landscape as the regulator gears up for what ...

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Open banking retains big four reign, crushes newcomers: Raiz

Mobile investment app Raiz Invest has slammed the open banking regime and urged for an overhaul of the ePayments Code and the ADI accreditation ...

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Clime backs LICs as government reviews commissions

A fund manager has defended the $41 billion listed investment segment in the midst of industry scrutiny, following the government indicating it will ...

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Government instigates open banking inquiry

The federal government has launched an inquiry into Consumer Data Right, assessing factors such as third parties being granted the ability to initiate ...

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